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What is another word for banker's acceptance?

Pronunciation: [bˈaŋkəz ɐksˈɛptəns] (IPA)

A Banker's acceptance is a type of financial instrument issued by a bank that acts as a guarantee of payment to a seller. There are several synonyms for the term "Banker's acceptance" including "BA," "bill of exchange," "acceptance bill," "trade acceptance," and "accepted bill." These terms are all used interchangeably within the banking and financial industries. Banker's acceptances are commonly used in international trade transactions, where the buyer and seller are located in different countries. These financial instruments provide a level of security to both parties and are often used to facilitate the flow of goods and services across borders.
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What are the hypernyms for Banker's acceptance?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Banker's acceptance?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Related words: bill of exchange, bank acceptance, commercial acceptance, banker's acceptance definition, what is a banker's acceptance, what is a bill of exchange, what is a commercial acceptance, bank acceptance rate

Related questions:

  • What is the use of a banker's acceptance?
  • What is the definition of a banker's acceptance?
  • How does a banker's acceptance work?

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